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20130125
20130125
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calls balance and what the republicans call nonsense because it involves raising taxes. i think you have to do bovment i think you have to have more revenue and you have to cut back spending. >> susie: let's say congress doesn't do that. what happens next? explain to people what happens next. >> i think the real risk is that we come to a showdown in march when the current stopgap budget ends and we face the government shutdown. people will lose svices. pele wl lose jobs. and there will be a fiscal contraction, on top of the ones that we've already put in place. and that's not great for the economy, for sure. >> you know, and this whole conversation about a budget and the deficit and all of that. it's all about raising taxes and cutting spending. and there's no discuss about growth. and that is what americans really want. growth and jobs. what do we have to do to get growth? >> well, the badh6+suz there, susie s that while higher growth is by far the best remedy, it's very hard to put if into effect. in a sizableay. you need more investnt i human beings, that's education and so on. you ne
things like houses before a plant consumption tax hike in april 2014. the government has concluded that the economy will expand 5 2.5% in real terms and 2.7% in nominal terms. based on the assumption that prices will pick up modestly the government projects nominal growth will exceed real growth for the first time in 16 years. the dollar is gaining further ground against the yen. earlier it hit a high. now it's changing hands to 39 yen. traders have seen rates drop to a five-year low. that's provided a brighter outlook for the american economy. the consumer price index dropped in december for a second month running as well. the euro i trading higher and that's being quoted at 120.77 to 79 against the yen. now to stocks. a weaker yen is prompti ining inverinver investors to buy. let's take a look at other markets in the asia pacific region. the kospi is trading lower by half a percent. in australia the benchmark index is trading higher by .4 of a percent. german chancellor expressed concern. her remarks suggest that japan's efforts could be regarded as a deliberate attempt to deva
Search Results 0 to 1 of about 2